Financial Reports and Data

Latest Financial Data

2023

Second Quarter

Earnings

2023 Q2 Financial Report Data
(PDF, 523KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 3.42MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 3.00MB)

Kevin Shimzer, Chief Operating Officer
(PDF, 2.12MB)

Earnings Conference Audio and Video

Mahendra Negi CFO, Representative Director
(MP3, 6.86MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP3, 12.3MB)

Kevin Simzer, Chief Operating Officer
(MP4, 114MB)

Akihiko Omikawa, Director
(MP3, 8.06MB)

Q&A
(MP3, 13.3MB)

First Quarter

Earnings

2023 Q1 Financial Report Data
(PDF, 544KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 2.97MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 680KB)

Kevin Shimzer, Chief Operating Officer
(PDF, 1.08MB)

Earnings Conference Audio and Video

Mahendra Negi CFO, Representative Director
(MP3, 8.02MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP4, 46.9MB)

Kevin Simzer, Chief Operating Officer
(MP4, 90.4MB)

Q&A
(MP3, 18.9MB)

Fourth Quarter and Annual

Earnings

2022 Q4 Financial Report Data
(PDF, 1.18MB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 4.52MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 3.65MB)

Earnings Conference Audio

Mahendra Negi CFO, Representative Director
(MP3, 14.6MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP3, 14MB)

Akihiko Omikawa, Director
(MP3, 18.8MB)

Q&A
(MP3, 45.5MB)

Third Quarter

Earnings

2022 Q3 Financial Report Data
(PDF, 546KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 3.97MB)

Second Quarter

Earnings

2022 Q2 Financial Report Data
(PDF, 536KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 3.8MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 4.53MB)

Earnings Conference Audio

Mahendra Negi CFO, Representative Director
(MP3, 11.2MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP3, 18.2MB)

Akihiko Omikawa, Director
(MP3, 13.4MB)

Q&A
(MP3, 36.3MB)

First Quarter

Earnings

2022 Q1 Financial Report Data
(PDF, 535KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 3.15MB)

Fourth Quarter and Annual

Earnings

2021 Q4 Financial Report Data
(PDF, 1.03MB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 3.28MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 4.47MB)

Earnings Conference Audio

Mahendra Negi CFO, Representative Director
(MP3, 14.1MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP3, 18.4MB)

Akihiko Omikawa, Director
(MP3, 10.5MB)

Q&A
(MP3, 29.1MB)

Third Quarter

Earnings

2021 Q3 Financial Report Data
(PDF, 434KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 5.33MB)

Second Quarter

Earnings

2021 Q2 Financial Report Data
(PDF, 430KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 2.33MB)

Eva Chen, Chief Executive Officer & Co-founder
(PDF, 1.51MB)

Earnings Conference Audio

Mahendra Negi CFO, Representative Director
(MP3, 10.7MB)

Eva Chen, Chief Executive Officer & Co-founder
(MP3, 8.5MB)

Akihiko Omikawa, Director
(MP3, 13.4MB)

Q&A
(MP3, 47.5MB)

First Quarter

Earnings

2021 Q1 Financial Report Data
(PDF, 420KB)

Presentation

Mahendra Negi CFO, Representative Director
(PDF, 2.17MB)

View Financial Data Archives

Annual GAAP

All amounts have not been audited and are in accordance with Japan GAAP.

Amounts in U.S. dollars are for convenience only and exchanged at the rate of: 1US$=131.69 yen.

Except per share data, Yen = millions; USD = thousands.

  FY2021
(Yen)		 FY2022
(Yen)		 FY2022
(USD)		 FY2023
(Yen)		 FY2024
(Yen)
Net sales 190,359 223,795 1,699,409    
Cost of sales 42,017 54,300 412,335    
SGA 148,341 138,154 1,049,087    
Operating income 43,641 31,340 237,986    
Ordinary income 44,501 34,162 259,414    
Income before taxes 52,371 41,897 318,153    
Net income 38,367 29,843 226,621    
EPS (basic) 275.20 213.59 1.62    
EPS (diluted) 275.06 213.22 1.62    
Total assets 420,457 470,799 3,575,061    
Total liabilities 199,023 242,120 1,838,566    
Total stock holders' equity 221,434 228,679 1,736,495    
  FY2016
(Yen)		 FY2017
(Yen)		 FY2018
(Yen)		 FY2019
(Yen)		 FY2020
(Yen)
Net sales 131,936 148,811 160,410 165,195 174,061
Cost of sales 23,040 28,138 32,728 32,299 38,166
SGA 74,535 84,231 91,844 95,209 96,430
Operating income 34,360 36,441 35,836 37,686 39,464
Ordinary income 35,138 37,035 37,190 39,139 39,854
Income before taxes 35,719 37,096 37,190 39,139 39,854
Net income 24,651 25,691 28,314 27,946 26,904
EPS (basic) 179.63 187.01 204.38 200.94 193.39
EPS (diluted) 178.80 185.24 202.58 200.31 192.87
Total assets 308,537 331,157 346,243 359,710 376,701
Total liabilities 142,065 154,079 159,160 172,285 187,340
Total stock holders' equity 166,471 177,077 187,083 187,425 189,360
  FY2011
(Yen)		 FY2012
(Yen)		 FY2013
(Yen)		 FY2014
(Yen)		 FY2015
(Yen)
Net sales 96,392 93,839
 108,314
 115,205
 124,317
Cost of sales 17,895 17,511
 19,378
 20,430
 21,272
SGA 52,132 53,920
 59,485
 61,122
 72,069
Operating income 26,364 22,407
 29,450
 33,652
 30,976
Ordinary income 28,690 22,661
 32,456
 35,992
 34,071
Income before taxes 28,623 24,404
 32,006
 36,024
 34,037
Net income 17,341 13,447
 19,595
 22,303
 21,435
EPS (basic) 131.23 102.21
 147.53
 165.68
 157.71
EPS (diluted) 131.14 -
 146.27
 164.49
 156.35
Total assets 201,765 219,007
 261,493
 279,938
 290,520
Total liabilities 94,403 105,515
 118,954
 126,844
 130,826
Total stock holders' equity 107,362 113,492
 142,539
 153,094
 159,693
    FY2007
(Yen)		 FY2008
(Yen)		 FY2009
(Yen)		 FY2010
(Yen)
Net sales   99,805 101,707 96,346 95,391
Cost of sales   17,220 15,748 14,990 16,726
SGA   49,108 54,155 51,218 54,912
Operating income   33,476 31,803 30,137 23,752
Ordinary income   38,096 33,640 31,714 23,835
Income before taxes   37,985 30,878 31,365 22,846
Net income   23,561 19,247 17,638 12,720
EPS (basic)   176.95 143.88 132.16 95.27
EPS (diluted)   175.88 143.05 131.77 94.76
Total assets   201,052 178,766 203,887 206,099
Total liabilities   90,321 79,920 95,244 99,530
Total stock holders' equity   110,730 98,846 108,643 106,569

All per share amounts have been restated to reflect stock splits effectuated on September 1999 and March 2001.

Except per share data, Yen = millions; USD = thousands.

  FY2005
(Yen)		 FY2006
(Yen)		 FY2006
(USD)		    
Net sales 73,030 85,614 718,718    
Cost of sales 11,128 15,894 133,428    
SGA 34,330 42,644 357,991    
Operating income 27,572 27,076 227,298    
Income before taxes 29,108 29,556 248,118    
Net income 18,670 17,236 144,696    
EPS (basic) 139.85 128.65 1.080    
EPS (diluted) 137.83 128.11 1.075    
Total assets 132,935 167,265 1,404,169    
Total liabilities 51,068 76,062 638,532    
Minority interest 5 7 56    
Total stock holders' equity 81,863 91,196 765,581    
  FY2000
(Yen)		 FY2001
(Yen)		 FY2002
(Yen)		 FY2003
(Yen)		 FY2004
(Yen)
Net sales 20,070 31,326 42,980 48,088 62,049
Cost of sales 1,474 1,899 2,354 3,168 3,236
SGA 13,069 21,911 26,760 29,766 32,735
Operating income 5,527 7,516 13,866 15,153 26,078
Income before taxes 6,892 7,757 13,098 15,329 26,325
Net income 3,675 4,386 7,714 9,250 15,875
EPS (basic) 28.18 33.33 58.39 70.11 120.64
EPS (diluted) 27.53 33.02 58.22 69.95 118.59
Total assets 44,574 64,729 73,838 81,271 106,734
Total liabilities 20,230 33,963 36,694 37,319 43,559
Minority interest --- --- --- --- ---
Total stock holders' equity 24,344 30,766 37,144 43,952 63,175

All per share amounts have been restated to reflect stock splits effectuated on September 1999 and March 2001.

Quarterly GAAP

All amounts have not been audited and are in accordance with Japan GAAP.

Amounts in U.S. dollars are for convenience only and exchanged at the rate of: 1US$=137.61 yen.

Except per share data, Yen = millions; USD = thousands.

  1Q2023
(Yen)		 2Q2023
(Yen)		 2Q2023
(USD)		 3Q2023
(Yen)		 4Q2023
(Yen)
Net sales 58,704 60,831 442,060    
Cost of sales 14,395 15,107 109,787    
Operating Expenses 34,759 37,084 269,489    
Operating income 9,548 8,639 62,783    
Other income (expenses) -569 830 6,034    
Ordinary income 8,979 9,470 68,818    
Extraordinary Income (loss) 0 -104 -763    
Income before taxes 8,979 9,365 68,055    
Taxes 2,604 3,883 28,224    
Minority interest 0 0 6    
Net income 6,374 5,482 39,837    

Asset Items

Cash equivalents 173,696 187,740 1,364,292    
Marketable securities, securities investments 121,594 119,170 866,004    
Deferred revenue 195,225 203,061 1,475,632    

Sales by region

Japan 20,914 20,689 150,346    
Americas 13,446 14,065 102,209    
Europe 11,012 12,440 90,403    
Asia Pacific 13,330 13,637 99,101    
Total 58,704 60,831 442,060    

Sales by segment

All Enterprise 45,120 47,218 343,132    
Consumer 13,583 13,613 98,927    
Total 58,704 60,831 442,060    

(Cost)

Goods/Software Amortization & Capitalization 1,772 2,953 21,463    
Stock option cost 1,136 775 5,632    
Acquisition related costs 704 1,033 7,508    
Selling & Marketing 4,271 5,393 39,196    
Administration 4,396 3,697 26,872    
Cloud 6,331 6,724 48,862    
Outside service 6,049 6,036 43,868    
Office overhead 2,076 2,088 15,175    
Salary & Benefit 22,415 23,489 170,695    
Total 49,155 52,192 379,276    

All amounts have not been audited and are in accordance with Japan GAAP.

Amounts in U.S. dollars are for convenience only and exchanged at the rate of: 1US$=141.19 yen.

Except per share data, Yen = millions; USD = thousands.

  1Q2022
(Yen)		 2Q2022
(Yen)		 3Q2022
(Yen)		 4Q2022
(Yen)		 4Q2022
(USD)
Net sales 50,427 54,874 56,798 61,694 436,961
Cost of sales 12,367 13,135 14,148 14,649 103,756
Operating Expenses 26,945 34,197 35,436 41,575 294,462
Operating income 11,115 7,542 7,213 5,470 38,742
Other income (expenses) 150 1,801 2,585 -1,716 -12,157
Ordinary income 11,265 9,344 9,798 3,753 26,585
Extraordinary Income (loss) 0 0 7,275 459 3,257
Income before taxes 11,265 9,344 17,074 4,213 29,842
Taxes 2,898 3,092 3,714 3,238 22,940
Minority interest 164 178 171 376 2,666
Net income 8,531 6,430 13,530 1,350 9,568

Asset Items

Cash equivalents 204,262 189,367 167,061 191,542 1,356,626
Marketable securities, securities investments 79,247 129,142 160,830 121,605 861,290
Deferred revenue 175,312 185,061 229,660 192,914 1,366,347

Sales by region

Japan 20,258 20,301 20,396 21,131 149,669
Americas 11,358 13,038 13,452 15,103 106,975
Europe 8,841 10,100 10,554 11,964 84,739
Asia Pacific 9,970 11,433 12,395 13,494 95,577
Total 50,427 54,874 56,798 61,694 436,961

Sales by segment

All Enterprise 37,584 41,728 43,489 48,226 341,574
Consumer 12,842 13,146 13,309 13,467 95,387
Total 50,427 54,874 56,798 61,694 436,961

(Cost)

Goods/Software Amortization & Capitalization 776 2,313 2,028 4,005 28,367
Stock option cost 962 378 1,478 441 3,124
Acquisition related costs 694 772 806 804 5,697
Selling & Marketing 3,898 5,085 5,014 7,653 54,205
Administration 2,700 3,408 3,922 4,205 29,784
Cloud
 3,882 5,086 5,874 5,964 42,241
Outside service 5,223 6,272 6,682 7,156 50,690
Office overhead 2,013 2,124 2,217 2,322 16,450
Salary & Benefit 19,161 21,889 21,558 23,671 167,656
Total 39,312 47,332 49,585 56,224 398,219

All amounts have not been audited and are in accordance with Japan GAAP.

Amounts in U.S. dollars are for convenience only and exchanged at the rate of: 1US$=113.72 yen.

Except per share data, Yen = millions; USD = thousands.

  1Q2021
(Yen)		 2Q2021
(Yen)		 3Q2021
(Yen)		 4Q2021
(Yen)		 4Q2021
(USD)
Net sales 44,594 46,734 47,851 51,178 450,038
Cost of sales 9,875 10,209 10,606 11,326 99,598
Operating Expenses 22,492 26,635 24,738 30,833 271,136
Operating income 12,226 9,888 12,507 9,018 79,303
Other income (expenses) -100 726 173 60 530
Ordinary income 12,126 10,615 12,680 9,078 79,833
Extraordinary Income (loss) -39 0 0 7,909 69,549
Income before taxes 12,087 10,615 12,680 16,987 149,383
Taxes 3,484 3,083 3,751 4,435 39,007
Minority interest 201 167 237 144 1,272
Net income 8,804 7,699 9,166 12,696 111,648

Asset Items

Cash equivalents 149,901 174,080 178,843 197,729 1,738,688
Marketable securities, securities investments 98,944 86,431 89,543 85,159 748,832
Deferred revenue 143,238 143,361 142,241 154,098 1,355,028

Sales by region

Japan 18,731 18,803 19,402 19,675 173,014
US 8,298 9,145 9,371 9,715 85,431
Europe 8,034 8,525 8,612 9,660 84,943
Asia Pacific 8,212 8,752 8,861 10,484 92,190
Latin America 1,317 1,507 1,603 1,642 14,443
Total 44,594 46,734 47,851 51,178 450,038

Sales by segment

All Enterprise 33,247 35,081 35,557 38,552 338,999
Consumer 11,347 11,652 12,293 12,626 111,024
Total 44,594 46,734 47,851 51,178 450,038

(Cost)

Goods/Software Amortization & Capitalization -170 935 1,067 1,759 15,474
Stock option cost 349 771 863 817 7,187
Acquisition related costs 1,349 657 658 679 5,975
Selling & Marketing 3,048 3,785 3,706 5,788 50,897
Administration 2,074 2,128 2,315 2,746 24,154
Cloud
*Public cloud service usage used to be included into Administration has recognized as Cloud since Y2019Q.1		 3,595 3,906 3,654 4,613 40,564
Outside service 3,665 4,214 4,274 4,485 39,440
Office overhead 1,946 1,992 1,948 2,005 17,634
Salary & Benefit 16,508 18,453 16,855 19,264 169,395
Total 32,367 36,845 35,344 42,159 370,723

View Quarterly GAAP Archives